Assembly BillIntroduced
A 4764: Repeals the excise tax on medical cannabis and the medical cannabis trust fund.
What A 4764 does, verified January 9, 2026
The bill aims to repeal two sections of the state tax law: one related to the excise tax on medical cannabis and the other related to the medical cannabis trust fund. The excise tax on medical cannabis will no longer be applicable, and the medical cannabis trust fund will be eliminated. These changes will take effect immediately upon the bill's enactment.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: referred to ways and means (2026-01-07)Alert me
Quick answers about A 4764
- What is the current status of A 4764?
- As of January 9, 2026, A 4764 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "referred to ways and means".
- Did A 4764 pass?
- Not yet. A 4764 has been introduced and has not passed either house.
- Who wrote A 4764, and where is it now?
- A 4764 was authored by Asm. Crystal Peoples-Stokes with 6 coauthors. Its committee of record is Assembly Ways & Means.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | referred to ways and means |
| Feb. 06, 2025 | referred to ways and means |
Latest bill textIntroduced version, February 6, 2025 · 147 words
STATE OF NEW YORK ________________________________________________________________________ 4764 2025-2026 Regular Sessions IN ASSEMBLY February 6, 2025 ___________ Introduced by M. of A. PEOPLES-STOKES, LUPARDO, HEVESI, REYES, SIMON -- read once and referred to the Committee on Ways and Means AN ACT to repeal section 490 of the tax law relating to the excise tax on medical cannabis; and to repeal section 89-h of the state finance law relating to the medical cannabis trust fund The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 490 of the tax law is REPEALED. 2 § 2. Section 89-h of the state finance law is REPEALED. 3 § 3. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01709-01-5
Text of A 4764 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions